Direct Specification Matrix
FTMO vs Topstep
Comprehensive side-by-side comparison of rules, prize structures, and trader experiences. Ratings calculated independently using identical public criteria.
Platform Type
prop firm
prop firm
Founded Year
2014
2012
HQ Country
CZ
US
Tradable Markets
forex, indices, commodities, crypto
commodities, indices, crypto
Competition Formats
free, demo
paid entry, simulated live_data
Entry Barrier / Cost
Free / Demo available
$49 deposit required
Typical Prize Pools
$10,000 – $50,000 USD
$50,000 – $1,000,000 USD
Max Leverage
Up to 1:100
Up to 1:20
Regulation Status
Unregulated / Prop model
Pioneer Futures Prop Evaluation Firm (Chicago US)
Payout Track Record
VERIFIED
VERIFIED
Decision Summary: Which Should You Choose?
Choose FTMO if:
- • You prioritize forex, indices, commodities, crypto markets.
- • You prefer free, demo formats.
- • You want access to free demo competitions.
Choose Topstep if:
- • You trade primarily on commodities, indices, crypto.
- • You value paid entry, simulated live_data structures.
- • You want access to high volume reward tiers.